A Federal High Court on Friday in Abuja dismissed the suit filed by George Uboh, Chairman Whistleblowers Network, against the Inspector-General of Police, Mohammed Adamu; Central Bank of Nigeria Governor, Dr. Godwin Emefiele; and billionaire businessman, Ned Nwoko.
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Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation, has urged Nigerians to prepare for more tough times in few months following the crash in the prices of crude oil due to the outbreak of coronavirus.
The Central Bank of Nigeria says the impact of COVID-19 on the African economy is becoming severe, especially the declining global oil price and called for massive investment in agriculture.
The Central Bank of Nigeria has formally clarified issues surrounding the operations of domiciliary accounts in Nigeria.
The Central Bank of Nigeria on Friday continued its intervention in the inter-bank foreign exchange market by injecting the sum of $292.34 million into the retail Secondary Market Intervention Sales.
In continuation of its intervention in the inter-bank foreign exchange market, the Central Bank of Nigeria on Friday injected the sum of $218.41 million into the retail Secondary Market Intervention Sales and CNY 18 million in the spot and short-tenored forwards segment of the inter-bank foreign exchange market.
The Senate has received a request from President Muhammadu Buhari for the confirmation of Dr. Kingsley Isitua Obiora and Prof. Adeolu Akande as Deputy Governor of the Central Bank of Nigeria and Chairman of the Nigerian Communications Commission respectively.
The CBN Governor, Godwin Emefiele, disclosed this at the Ground-Breaking ceremony of Tomato Jos at Kangimi community in Kaduna on Monday.
Financial experts on Saturday said the upward review of the Cash Reserve Ratio by the Monetary Policy Committee of the Central Bank of Nigeria was necessary to tame inflation.
The Rice Farmers Association of Nigeria, Delta State chapter says more rice farmers have enlisted to participate in this year’s dry season farming in the state.
Anibe Achimugu, the National President of NACOTAN, said the re-introduction was very necessary now, especially as the government was committed to resuscitating the cotton and garment sectors.
The Director Corporate Communications of the Central Bank of Nigeria, Isaac Okorafor, says it is not the job of the Apex bank to decide how much commercial banks are dispensing in their ATMs to consumers, but to protect them.
Dr Titus Okunrounmu, a financial expert has commended President Muhammadu Buhari for signing the 2020 Finance Bill into Law.
The first meeting of the Monetary Policy Committee of the Central Bank of Nigeria for 2020 had been shifted.
First Bank of Nigeria Limited, as part of the launch of its specialised SMEs’ propositions, has continually supported SMEs through diverse initiatives.
Polaris Bank has emerged the Best Deposit Money Bank in Consumer protection in Nigeria’s banking industry.
The bank commended the CBN for taking bold steps to further strengthen the financial inclusion drive in the country.
The Central Bank of Nigeria has released the Nigerian Payment Systems Risk and Information Security Management Framework to guide the management of risks associated with payment systems in the country.
Some bank customers in the Federal Capital Territory have appealed to the Central Bank of Nigeria to improve its monitoring on banks to ensure strict compliance to the new guidelines.
Kofo-Abdulsalam Alada, the Director, Consumer Protection Department of CBN, said this at a workshop for business editors and members of the Finance Correspondents Association of Nigeria on Thursday in Yola.